Neighborhood · Cudjoe Key, Florida
Saddlebunch Keys
Deep-water living between the flats and the Gulf
3
Homes for sale
$4,250,000
Median list price
$912
Avg price / sqft
334
Median days on market
The Saddlebunch Keys are the low-slung string of mangrove islands and open water just east of Cudjoe Key, where the pace is set by the tides and the fishing rather than by traffic. Homes here sit on the water — every active listing is waterfront — and buyers come for direct access to the flats, the backcountry, and the Gulf, with the amenities of the Lower Keys a short drive up the Overseas Highway. Kids are zoned for Sugarloaf School and Key West High School, and Key West itself is well within reach.
This is a thin, high-end market, so expect to move deliberately. There are just three active listings, with a median list price of $4,250,000 and homes sitting a median of 334 days on market — you have room to negotiate, but the inventory is specific. Browse Cudjoe Key homes for sale or open the live map to see exactly what's trading right now.
Saddlebunch Keys is a community in Cudjoe Key, Florida.
Quick facts
$640,000 – $4.4M price range
4,103 sqft median home
1 sold in 12 months
On the market now
Homes for sale in Saddlebunch Keys
$640,000
4 Shore Drive, Key West FL 33040, KEY WEST
2 bd · 2 ba · 1,010 sqft
$4,375,000
231 E Shore Drive Unit 6, Key West FL 33040, KEY WEST
5 bd · 5.5 ba · 4,103 sqft
$4,250,000
231 E Shore Drive Unit 2, FL 33040
5 bd · 5.5 ba · 4,103 sqft
Every active listing inside the Saddlebunch Keys boundary
Open full map search →Find your fit
Browse Saddlebunch Keys
By feature — on the live map
Where the market lives
The numbers that matter
The Saddlebunch Keys market
1
Sold, last 12 months
$4,330,000
Median sold price
99%
Sale-to-list ratio
What sellers actually get vs asking
295 days
Median time to sell
Saddlebunch Keys vs Cudjoe Key
Median list price
Price per sqft
Days on market
Live Stellar MLS data — every listing and closed sale inside the Saddlebunch Keys boundary. Rolling medians smooth single-month swings in small communities.
For the school run
Schools Saddlebunch Keys is zoned for
Attendance boundaries overlapping this community — always verify zoning with the district.
What it really costs
Owning here
Owning the median Saddlebunch Keys home
≈ $24,185/mo
$4,250,000 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.
Population
603
Median age
55
Median income
$127,813
Median home value
$971,600
Beyond the listings
Living in Saddlebunch Keys
Hobbies & Interests
Top 2% in the U.S.Wanderlust
Always thinking about their next destination, this population loves exploring new places abroad or right in their own backyard. They hold onto past trips by sharing their favorite memories and pictures year round.
Beliefs
Top 19% in the U.S.Local Engagement
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
Hobbies & Interests
Top 25% in the U.S.Natural Beauty
This population marvels at the beauty of nature, and they want to capture every breath-taking scene.
Culture
Sites to See
This population finds the most beautiful sites just by looking up. Sunrise, sunset or sometime in between, these people love to marvel at man-made and natural wonders.
Lifestyles
Wealth Signaling
Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.
Hobbies & Interests
Engine Enthusiast
This population loves working on and showing off their cars, trucks and motorcycles. You can find them researching car shows and the hottest models on the lot.
Straight answers
Saddlebunch Keys FAQs
Is Saddlebunch Keys a good place to live?+
It suits buyers who want water access above all else — every home here is waterfront, and the area is built around fishing, boating, and quiet island living. You're zoned for Sugarloaf School and within driving distance of Key West, so it balances seclusion with reach. It's a small community, not a bustling town, which is exactly the appeal for most people who land here.
Is Saddlebunch Keys expensive?+
Yes — this is one of the higher-end pockets of the Lower Keys, with a median list price of $4,250,000 and an average of $912 per square foot. Listings currently range from $640,000 up to $4,375,000, so there is some spread, but the bulk of the market sits well into the millions. Two of the three active homes are priced above $1M.
What do homes cost in Saddlebunch Keys?+
Active prices span $640,000 to $4,375,000, with the median list at $4,250,000 for a median home size around 4,103 square feet. The single sale in the past twelve months closed at $4,330,000, so recent trades confirm the top of that range. You can see current pricing on Cudjoe Key homes for sale.
How is the market in Saddlebunch Keys?+
It's thin and slow-moving by design — just three active listings and one sale over the past year, with a median 334 days on market. That gives serious buyers time to evaluate, though sellers have been firm, getting 99% of asking on average. Track the handful of available homes on the live map.
What about HOA fees and property taxes?+
There's no meaningful HOA data reported for this area, which fits its low-density, non-community-association character. Property taxes run a median of about $19,000 a year, reflecting the high waterfront valuations here. Budget for that carrying cost alongside insurance, which is a real factor throughout the Keys.
Keep exploring
More Cudjoe Key neighborhoods
Neighborhood boundary by edgeAI; listings matched to the polygon. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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